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This product (Porter's 5 Forces Model and Application) is a 6-page PDF document, which you can download immediately upon purchase.

To evaluate the marketplace or industry in which the suppliers are operating, we recommend using Michael Porter's, Five Forces Model. This model is a business framework used for analyzing the industry structure and supply market complexity. Five Forces analysis examines the competitive forces of five factors – barriers to new entrants, industry rivalry, substitutes, bargaining power of suppliers and the bargaining power of the buyers, in a given industry.

The strength of the industry rivalry, or the competitive battle amongst suppliers, can be a very powerful force in an industry as suppliers compete across various dimensions in order to gain market. Industry rivalry can be strong as the number of competitors increases, and as they become more equal in size and capability.

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Source: Best Practices in Porter's Five Forces PDF: Porter's 5 Forces Model and Application PDF (PDF) Document, Documents & Files

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Documents & Files has published 130 additional documents on Flevy.

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This business document is categorized under the function(s): Organization, Change, & HR Strategy, Marketing, & Sales

It applies to All Industries

File Type: PDF (pdf)

File Size: 70.1 KB

Number of Pages: 6

Related Topic(s): Porter's Five Forces

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Initial upload date (first version): Apr 26, 2014

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